Melbana Energy Limited · ASX:MAY
Melbana Energy — Geociencias Conference 2017
18 slides from Melbana Energy's conference presentation, Apr 6, 2017
Slide 1: Petroleum potential of Block 9 PSC
For personal use only Petroleum potential of Block 9 PSC Geociencias Conference La Habana, Cuba - April 2017
Slide 2: Disclaimer: Forward-looking Statements and Resources
Disclaimer For personal use only Forward-looking Statements and Resources Summary of information: This presentation contains general and background information about Melbana Energy’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise
Slide 3: Presentation Overview
Presentation Overview For personal use only Exploration History of Block 9 Melbana methodology – integration of all data sets Developing an integrated Structural/Stratigraphic model for Block 9 Relating Play Elements – Trap, Seal, Reservoir New Biostratigraphic control at Marti 5 Current Resource As
Slide 4: Cuba Block 9 – An Overview
Cuba Block 9 – An Overview Block 9 PSC For personal use only • 100%* interest in Block 9 PSC (2,380km2 or 588,000 acres) located onshore in Cuba • 25 year term (awarded in 2015) • Exploration sub periods: • 1 (Sept 2015 to Nov 2017) – studies and seismic reprocessing – largely completed • 2 (Nov 201
Slide 5: Brief Exploration History of Block 9
Brief Exploration History of Block 9 Block 9 has a mature and working Petroleum System evidenced by the numerous For personal use only natural oil seeps and several small oil discoveries Pre 1959: • Asphalt mined from surface deposits • Motembo discovery – light oil, shallow, produced 5+ mmstb • Num
Slide 6: Melbana Methodology – Integration is the Key!
Melbana Methodology – Integration is the Key! All datasets are reviewed - results combined into a fully integrated model For personal use only • Plate Tectonic/Kinematic Models - Stress/Driving Forces • Outcrop data – regional contact attitudes • Well data • Lithologic Descriptions • Dip data and in
Slide 7: Caribbean Plate Kinematic Summary
Caribbean Plate Kinematic Summary Early work by Pindell and Tenreyro have contributed the following summaries For personal use only Eocene 46 Ma Tenreyro et al 2009 (Garcia-Casco et al 2006) Pindell et al 2009 • Much debate about Caribbean plate origins Pacific v insitu • The greater Antilles Arc sy
Slide 8: Block 9 Litho-Stratigraphy / Chronostratigraphy
Block 9 : Litho-Stratigraphy / Chronostratigraphy • Review of Block 9 stratigraphy on a chrono-stratigraphic basis to assist For personal use only correlations and structural restoration efforts • Requires accurate and more complete Biostratigraphy and lithological descriptions with thickness inform
Slide 9: Kinematic Evolution – Arc / Continent collision
Kinematic Evolution – Arc / Continent collision Lower plate Jurassic crust of the GOM is Late Cretaceous For personal use only subducted under Upper Plate Arc Distal Placetas Placetas Camajuani Remedios Upper Plate Lower Plate Remedios carbonate platform / apron compressed into the Lower Plate North
Slide 10: Outcrop Expression of Structural Elements
Outcrop Expression of Structural Elements For personal use only Mid Level Detachment (Vega Alta fm) Block 9 Exposed Lower Sheet Duplex Folded Upper sheet • Suture between Upper Plate rocks (Arc complex / Ophiolites) and the Lower Plate Remedios succession seen in outcrop • Lower Plate composed of an
Slide 11: Structural Interpretation of existing seismic data
Structural Interpretation of existing seismic data For personal use only Folded Upper sheet Mid Level Detachment Vega Alta fm Duplexed Lower Sheet Block-9 seismic line Fault Bend Folds & Fault Propagation Folds in dip panels on Block 9 seismic data The Mid level detachment separates the forward (nor
Slide 12: Well log Evidence: New Biostratigraphic Study at Marti 5
Well log Evidence: New Biostratigraphic Study at Marti 5 The mid level detachment is seen at For personal use only Majaguillar 1 by CUPET and now also at Marti 5 Majaguillar 1 Marti 5 After Afanasiev,Yudin&Azimov, Cuban Geosciencias 2015 • Mid level detachment separating upper / lower sheets portray
Slide 13: Developing a Block 9 Structural Model
Developing a Block 9 Structural Model Integrating all the general observations from data and information gained from Cupet experts For personal use only Tertiary Cover Eocene to Paleocene Fill Cay Sal / Bahama Banks • Upper Sheet, highly imbricated and back- thrusted trains of fault propagation fold
Slide 14: Marti 5 – Lower Sheet Oil Recoveries
Marti 5 – Lower Sheet Oil Recoveries For personal use only Core 13 • Eocene condensed interval topseal Upper Sheet Core 14 Core 15 Upper sheet defined at the mid level detachment Short Term DST 1 Small Entry of Gas 45-60° Dips • Oil shows seen over 850m interval in Lower Sheet under the 9-5/8” conde
Slide 15: Alameda Prospect: Following up oil recoveries at Marti 2 and 5
Alameda Prospect: Following up oil recoveries at Marti 5 and 2 High impact prospect, currently designing well for potential 2018 drilling For personal use only • Large antiformal duplex stack behind Marti 5 forelimb setting • Primary objective in depth range from 3,000 to 3,700 metres • Following up
Slide 16: Central Area: High Potential A2 and C1 Leads
Central Area: High Potential A2 and C1 Leads Follow up Potential – large structures with Billion barrel in place exploration potential For personal use only • A2 is a large structure supported by two nearby shallow wells that recovered oil from the upper sheet above the deeper A2 lower sheet target
Slide 17: Cuba Block 9 – Resource Assessment
Cuba Block 9 – Resource Assessment Large onshore acreage position along strike from multi Billion Barrel Varadero field For personal use only • Exploration potential of over 12 billion barrels of oil-in-place and Prospective Resources of ~600 million barrels (unrisked Best Estimate, 100% basis) • 18
Slide 18: Conclusion and Next steps
Conclusion and Next steps Conclusions: For personal use only • Built an integrated model relating the key play parameters of Trap,Seal and Reservoir. • Identified large structures in Block 9 similar to proven fields on trend (Varadero) • Enabled multi-billion barrel (ooip) exploration potential of t